Spring Fevers & Chills

Low of the Year. The stockmarket, depressed by strikes and alarms over prices, tumbled 4.76 points in the Dow-Jones industrial index to end the week at 171.76, a new low for 1947. On the first day of this week, in the broadest market in stock exchange history, it plummeted 5.07 points more, the worst daily drop since last November.

Fair Warning. In the midst of recession talk, the Federal Reserve Bank of Philadelphia in its monthly Business Review worried over the possibility of a "boom" psychology which might result in speculation and...

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